K.P.R. Mill Limited has officially submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This comprehensive report details the company’s commitment to environmental, social, and governance (ESG) principles. It covers various aspects, including operations, employee welfare, environmental impact, and stakeholder engagement, aligning with SEBI’s regulations and the National Guidelines on Responsible Business Conduct.
K.P.R. Mill Limited Files Annual Sustainability Report
K.P.R. Mill Limited has formally submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 to the stock exchanges. This submission is in compliance with Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The BRSR, which forms an integral part of the company’s 23rd Annual Report, provides a detailed overview of K.P.R. Mill Limited’s performance and initiatives concerning sustainability and responsible business practices. The report covers nine key principles of the National Guidelines on Responsible Business Conduct (NGRBC), demonstrating the company’s commitment to ethical governance, environmental stewardship, social responsibility, and stakeholder engagement.
Key Disclosures in the Report
Operations and Business Activities
The report outlines K.P.R. Mill Limited’s primary business activities, which include manufacturing of Yarn, Fabric, and Garments, accounting for approximately 90% of the company’s turnover. The company operates across 11 locations nationally, with 1 manufacturing plant and 12 offices. Exports contribute significantly to the turnover, standing at 38.42%.
Employee Welfare and Diversity
Details regarding the company’s workforce are provided, indicating a total of 3,465 employees and 16,843 workers. The report highlights measures for employee well-being, including health insurance, accident insurance, and maternity/paternity benefits. It also details the participation of women in the workforce and management, with women comprising 16.56% of permanent employees and 95.29% of permanent workers.
Environmental Initiatives
K.P.R. Mill Limited emphasizes its commitment to environmental protection. The report details energy consumption from renewable and non-renewable sources, water usage and discharge, and waste management practices. Initiatives such as Zero Liquid Discharge (ZLD) systems, advanced wastewater treatment technologies, and efforts to reduce carbon emissions are highlighted. The company has also invested in renewable energy sources, including windmills and solar power, to meet its energy requirements sustainably.
Stakeholder Engagement and Grievance Redressal
The BRSR elaborates on the company’s mechanisms for stakeholder engagement, including investors, employees, suppliers, customers, and government/regulators. Robust grievance redressal mechanisms are in place for all stakeholder groups, including dedicated portals, toll-free numbers, and suggestion boxes, ensuring timely and effective resolution of concerns.
The report further details the company’s adherence to principles of human rights, ethical conduct, and fair business practices across its value chain, including audits and assessments of its suppliers.
Source: BSE